THORNTON
THORNTON is a Texas oil lease in Ward County, Railroad Commission district 08, operated by MW Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 71,411 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $766K, with roughly $145K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 153 barrels a month. Its strongest month on the record we hold was November 2021, at 444 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about THORNTON
- Who operates THORNTON?
- THORNTON is operated by MW Petroleum Corporation, Railroad Commission of Texas operator number 597371.
- Where is THORNTON?
- THORNTON is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29773.
- Is THORNTON still producing?
- THORNTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THORNTON is August 2026.
- How much has THORNTON produced?
- THORNTON has reported 71,411 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is THORNTON worth?
- The remaining production from THORNTON is estimated to be worth about $766K in total as of 26 August 2026, within a range of $598K to $935K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THORNTON is a fraction of it. The estimate fits an Arps decline curve to the production THORNTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THORNTON is an estimate of value, not an offer and not an appraisal.
- How much income does THORNTON generate in a year?
- THORNTON is forecast to net about $145K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THORNTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MW Petroleum Corporation |
|---|---|
| Field | Rhoda Walker (Canyon 5900) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 29773 |
| Wellbores | 1 |
| Reported production | 71,411 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $766K |
Where THORNTON sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.